Gaurav Sharma

Bold Films Slashing Its Workforce by Almost 50%

Bold Films layoffs

Layoffs at Bold Films Bold Films cut its workforce by nearly 50%. The layoffs included high-ranking positions within the company, such as the senior vice president of productions, other executives, and support staff. As a result, the company is working as a smaller tight-knit group that includes the finance department and which involves more responsibilities (more…)

Verizon Layoffs 2018: Telecom Giant to Make 190 Job Cuts in Santa Clara

Verizon Layoffs 2018

Verizon Layoffs 2018 In January 2018, telecommunications company Verizon Communications Inc. (NYSE:VZ) is planning on giving 190 employees of its Santa Clara, California office permanent layoff notices. The affected employees were made aware of Verizon’s layoffs in 2018 in November. Verizon is not the only company cutting jobs in the California area in January. Capital One Financial (more…)

Intel Layoffs 2017: About 250 Job Cuts Made by Semiconductor Company Across California & Oregon

Intel Layoffs 2017

Intel Layoffs 2017 Intel Corporation (NASDAQ:INTC) cut its headcount in the states of California and Oregon by approximately 250 employees over the course of 2017. These Intel layoffs in 2017 are part of a bigger plan to reduce overall spending. While the company has experienced growth thanks to success from its data center business, the chipmaker (more…)

CBS Layoffs 2017: Shift Toward Internet Streaming Led to Job Cuts and Buyouts

CBS Layoffs 2017

CBS Layoffs 2017 CBS Corporation (NYSE:CBS) will be reducing its workforce through buyouts, layoffs, and eliminations of positions. In total, there will be fewer than 100 employees no longer employed by CBS when everything is said and done. This move of reducing the employee headcount will impact employees in various departments, including ones that work under the (more…)

Time Inc Sells Sunset Magazine in Distressed Sale, Leading to Job Cuts

Time Inc Sells Sunset Magazine

Sale of Magazine Results in Layoffs Time Inc (NYSE:TIME) is selling off its Sunset magazine to Regent, L.P., a private equity firm, for $20.0 million. This has resulted in about 10 members of the Sunset team receiving layoff notices. The sale of the business comes at a point when the media industry is seeing dramatic changes. At (more…)